HP Has No Hurd Replacement Yet

HP released its quarterly earnings on August 19. After announcing that it performed well financially, the company's executives said that it has appointed a selection committee to find a suitable replacement for departed CEO Mark Hurd. Exactly how long it will take the firm to find a CEO is unknown, but considering how important Hurd was to enterprise-computing sales, don't be surprised if the company moves relatively quickly.

CIO Takeaway

For most CIOs, HP's CEO loss does not have a material impact on their operation. But it's probably something you should keep a close eye on. The company's strategy in the interim, as well as the strategy put in place by the next CEO, could have a direct impact on your buying and outsourcing decisions.